Business owners typically have no interest, or expertise, in overseeing their company 401(k) Plan. Their HR department is typically those to whom the owner delegates the day-to-day responsibilities. Most HR managers also have little time, nor desire, to know all the ins-and-outs of their 401(k) Plan. And neither do they want to be a fiduciary. This white paper explains how hiring a "CEO" is good not only for the HR deparment and the Plan Sponsor, but also the underlying Plan Participants.
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